Bitcoin
$99,872.42
lastly hit the massive $100,000 mark, and it’s got everybody buzzing.
This milestone has been a very long time coming—15 years, to be actual—ever for the reason that mysterious Satoshi Nakamoto created the unique cryptocurrency.
As quickly because the information dropped, the social media platform X lit up with reactions from all corners of the crypto world.
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Coinbase
$2.68B
CEO Brian Armstrong joined the celebration, wishing “Joyful Bitcoin $100,000 Day!” and reminding everybody why Bitcoin has been the best-performing asset for the previous 12 years.
Michael Saylor, the MicroStrategy boss who’s been a Bitcoin supporter, promised a full-blown $100K celebration. He has at all times been loud and proud about Bitcoin, particularly for companies.
Others within the crypto neighborhood are already wanting forward. Julian Fahrer, co-founder of Apollo, predicted, “NEXT STOP: $1 MILLION BITCOIN”, even sharing a meme of Bitcoin as a grim reaper knocking on the “$1 million” door.
Even politicians received in on the enjoyable. Senator Cynthia Lummis, who pitched the concept of a nationwide Bitcoin reserve, cheered on the milestone with the Journey’s lyrics: “Don’t cease ₿elieving”.
And, in fact, celebrities couldn’t resist chiming in. Paris Hilton stored it quick, saying, “Subsequent cease $111,111 🚀✨”. She’s clearly on board for the trip.
Nevertheless, not everybody was throwing confetti. Peter Schiff, who has been towards Bitcoin, didn’t maintain again. He claimed the value solely hit $100,000 due to political favors and authorities meddling, saying, “What couldn’t be carried out in a free market was achieved by means of the cohesive energy of the state”.
Schiff additionally stated that Bitcoin would by no means hit $100,000 again in 2019. However, now that it really occurred, Binance
$13.31B
’s ex-CEO, Changpeng “CZ” Zhao, shut that down with a handy guide a rough comeback: “Don’t dream. Preserve constructing!”.
One of many funniest posts got here from one X person, Greg, who wrote, “December 4, 2024. Pricey Diary, immediately Bitcoin hit $100,000. Love, greg”. It was quick, candy, and relatable.
Bitcoin’s $100K milestone isn’t the one factor making waves. Only recently, the crypto neighborhood reacted to Gary Gensler’s exit from the SEC. What did they should say? Learn the complete story.
